News Formal

Go First gone: engine troubles, COVID bring down India's third-largest airline

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Go First Airline passengers in India were left waiting for hours and forced to rebook tickets in a hurry spending extra money after the cash-strapped company suspended flights

, said in a statement late on Tuesday it was committed to the success of its customers and that "we continue to prioritize delivery schedules for all customers".

The Wadias will not exit the airline and are looking for a resolution with P&W, Go First Chief Executive Kaushik Khona said in an interview, adding the insolvency proceedings were aimed at reviving the airline and not selling it. "The Wadia Group, in particular Nusli Wadia, has always tried to see that the company and the airline operations go on, on a normal basis," Khona said.Mark Martin, CEO at aviation consulting firm Martin Consulting LLC, said Go First's troubles would cost others, too.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: India's Go First owner has no plans to exit airline -CEOIndia's Wadia Group, the owner of cash-strapped Go Airlines (India) Ltd, is completely committed to the company, and has no plans to exit it, the airline's chief executive said on Wednesday.
Source: Reuters - 🏆 2. / 97 Read more »